Financial Times FT.com

Redstone sidelines daughter in clashes at top of media empire

By Joshua Chaffin in New York

Published: July 20 2007 03:00 | Last updated: July 20 2007 03:00

Sumner Redstone, the 84-year-old chairman of Viacom and CBS, is moving to sideline another in a long line of potential successors at his media empire - this time, his own daughter.

People familiar with the matter said yesterday that Shari Redstone had clashed with her father over efforts to tighten corporate governance at the family-controlled companies and that they were in negotiations that could result in her departure.

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